pages: OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2015-06-02.pdf, 20
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OaklandRedevelopmentSuccessorAgencyandtheCityCouncil | 2015-06-02 | Concurrent Meeting of the Oakland Meeting Minutes June 2, 2015 Redevelopment Successor Agency and the City Council 16 Subject: Subordinated Tax Allocation Refunding Bonds, Series 2015-TE & 2015-T From: Treasury Bureau Recommendation: Adopt An Oakland Redevelopment Successor Agency Resolution Confirming The Issuance Of The Oakland Redevelopment Successor Agency Subordinated Tax Allocation Refunding Bonds, Series 2015-Te And Oakland Redevelopment Successor Agency Taxable Subordinated Tax Allocation Refunding Bonds, Series 2015-T Pursuant To An Indenture Of Trust, Approving Preliminary And Final Official Statements And Providing For Other Matters Relating Thereto 14-0957 Attachments: View Report.pdf 2015-003 ORSA.pdf A motion was made by Kaplan, seconded by Gallo, that this matter be Adopted. The motion carried by the following vote: Aye: 7 - Brooks, Campbell Washington, Gallo, Guillén, Kalb, Kaplan, and Reid Absent: 1 - - Gibson McElhaney 17 Subject: DDA For 12th Street Remainder Parcel From: Economic & Workforce Development Department Recommendation: Adopt An Ordinance Authorizing: (1) The City Administrator, Without Returning To The City Council, To Negotiate And Execute A Disposition And Development Agreement And Related Documents Between The City Of Oakland, And A Development Entity Comprised Of Urbancore Development, LLC, And UDR, Inc., (Or Its Related Entities Or Affiliates) For Sale Of The 12th Street Remainder Parcel Located At E12th Street And 2nd Avenue For No Less Than $5.1 Million And Development As A Residential Mixed-Use Project, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A; (2) Set -Aside Of No More Than $500,000 From Land Sales Proceeds For Remediation Of Property, And (3) Appropriation Of $200,000 From Land Sales Proceeds To Fund An Asset Portfolio Management Plan 14-0662 Attachments: View Report.pdf View Supplemental Report View Supplemental Report Councilmember Brooks made a motion, seconded by Councilmember Guillen, to Continue the item to the next meeting to allow the developer and community continue to negotiate to possibly resolve disputes. There were 91 speakers on this item. A motion was made by Brooks, seconded by Guillén, that this matter be Continued to the Meeting of the Oakland City Council, to be heard 6/16/2015. The motion carried by the following vote: City of Oakland Page 20 Printed on 6/22/2015 | 20 | OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2015-06-02.pdf |